NRG Energy CEO David Crane foresees a day not so far off when new technologies like rooftop solar and batteries will turn the electric power industry upside down, and NRG is moving […]
Graph of the Day: How utilities see themselves in 2030
PwC survey finds that utilities are finally waking up to the threat of changed energy business models. via Renew Economy http://ift.tt/1Gooh9m
Low crude oil prices, increased gasoline demand lead to high refiner margins
Gasoline crack spreads in the United States, especially on the U.S. East Coast, have reached several-year highs in recent months. Crack spreads, which reflect the difference between wholesale product prices and crude […]
OPEC Struggling To Keep Up The Pace In Oil Price War
Some market watchers, such as Cornerstone Analytics (CA), have consistently stated that the underestimation of demand, coupled with over-estimation of supply, will mask the growing call on OPEC oil in the second […]
Many American Coal Producers Are on the Brink of Bankruptcy
Most major American coal producers are highly leveraged, primarily due to ill-timed expensive acquisitions made in 2011, when the coal market was booming. via Market Realist http://ift.tt/1EVP73o
In Midst Of Oil Boom, Perhaps U.S. Should Look To Another Fuel: Methanol
American energy executives and policymakers are basking in the country’s newfound oil production clout. They’re reveling in the comeback story, written by improved techniques for shale oil and gas extraction, that have […]
Origin: How wind and solar will eat market of baseload coal
Origin Energy says solar, wind lowering the case for baseload generation, as wholesale prices stay low and demand is eroded by rooftop solar growth. via Renew Economy http://ift.tt/1JSlWm4
Fossil fuels subsidies cost world $5.3 trillion a year – $10m a minute
The IMF has more than doubled its estimate of global fossil fuel subsidies to $US5.3trn/year. More than the health spending of all the world’s governments. via Renew Economy http://ift.tt/1IIqf6c
UBS: Tesla Powerwall can deliver 6-year payback in Australia
UBS analysts say households will be able to get a 6-year payback on the Tesla battery storage product. via Renew Economy http://ift.tt/1JuZO3e
Hybrid rooftop solar + CHP + storage model has potential, says GE
A GE-partner project testing a combination of solar PV, combined heat and power and battery storage at a commercial facility in Germany could be scaled up. via Renew Economy http://ift.tt/1cJRBLq
Prometheus Institute 